Get help every step of the way with these groundbreaking loans.
At cfsbank, we created the Owner Builder Mortgage for people just like you – folks who want to build their own home from the ground up. Thanks to many years of advising, directing and problem solving with owner/builders, we’ve developed relationships with a majority of local home building vendors. Count on us for all the support you need with these innovative loans. You’ll get help from planning and building to finishing and beyond.
* Must be a Pennsylvania Resident
Owner Builder Mortgage
| Terms | Down payment equity | Rate** | Points | APR* |
|---|---|---|---|---|
| 15 Year | 20% | 7.000% | 1.5 | 7.930% |
| 20 Year | 20% | 7.250% | 1.5 | 8.022% |
| 30 Year | 20% | 7.500% | 1.5 | 8.116% |
* Annual Percentage Rate
** Best rate available at cfsbank.
Above APR’s assume a $100,000 loan amount for term stated. Monthly payment example: 360 monthly payments of $6.99 per $1,000 borrowed at 7.500% Interest Rate with a corresponding 8.116% APR.
* Must be a Pennsylvania Resident
| Terms | Down payment equity | Rate | Points | APR* | Discount Rate** | Discount Points | Discount APR* |
|---|---|---|---|---|---|---|---|
| 15 Year | 5% | 6.750% | 0 | 7.297% | 6.500% | 0.5 | 7.120% |
| 20 Year | 5% | 7.000% | 0 | 7.452% | 6.750% | 0.5 | 7.260% |
| 30 Year | 5% | 7.250% | 0 | 7.610% | 7.000% | 0.5 | 7.404% |
* Annual Percentage Rate
** Best rate available at cfsbank; credit history may affect your interest rate/APR.
Above APR’s assume a $100,000 loan amount for term stated with maximum LTV of 85%. Monthly payment example: 360 monthly payments of $6.82 per $1,000 borrowed at 7.250% Interest Rate with a corresponding 7.610% APR.